NewsFlash / Rare Earth / China Rare Earth is expected to turn from losses to profits in H1
China Rare Earth is expected to turn from losses to profits in H1
iconJul 14, 2025 17:26
Source:SMM
On July 14, China Rare Earth Group Resources Technology Co., Ltd. (China Rare Earth) released its earnings preview for the first half of 2025, projecting a net profit attributable to shareholders of publicly listed firms ranging from 136 million yuan to 176 million yuan, reversing losses from the same period last year, when it incurred a loss of 244 million yuan. During the reporting period, the overall rare earth market saw an uptick, and the company strengthened its market analysis, effectively seizing the opportunity presented by the rebound in rare earth product prices. It adjusted its marketing strategies, achieving YoY growth in sales. The company also promoted the optimization and upgrading of its production processes, continuously improving quality and efficiency. Meanwhile, the company reversed some of the provision for inventory depreciation in accordance with accounting standards, which had a positive impact on profits.

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